Yearly Archives: 2021

NOBEL PRIZE FOR ECONOMIC SCIENCES, 2021

The 2021 Nobel Prize in Economic Sciences has been awarded in one half to Canadian-born David Card and the other half jointly to Israeli-American Joshua D Angrist and Dutch-American Guido W Imbens. David Card has been awarded for his empirical contributions to labour economics. Joshua D Angrist and Guido W Imbens won the award “for their methodological contributions …

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KATOL

Recently, some researchers studied a meteorite from Katol, Maharashtra which was from the meteor shower of 2012. A meteorite is a solid piece of debris from an object, such as a comet, asteroid, or meteoroid, that originates in outer space and survives its passage through the atmosphere to reach the surface of a planet or moon. …

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ECOLOGICAL THREAT REPORT 2021

Recently, the Institute of Economics and Peace (IEP), an international think tank released the Ecological Threat Report (ETR) 2021: Understanding ecological threats, resilience and peace. This is the second edition of the ETR, which covers 178 independent states and territories. The ETR includes the most recent and respected scientific research on population growth, water stress, food insecurity, droughts, floods cyclones, and rising temperature Important …

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ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPMENT (OECD)

Recently, the Organisation for Economic Cooperation and Development (OECD) has announced that a global deal to ensure big companies pay a Global Minimum Tax (GMT) rate of 15% has been agreed by 136 countries (including India). The countries behind the accord together accounted for over 90% of the global economy. Important points: GMT is …

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6G

Recently, the government has asked the Centre for Development of Telematics (C-DOT) to begin developing 6G and other futuristic technologies to catch up with the global market in time. The next generation telecom technology (6G) is said to be 50 times faster than 5G and is expected to be commercially launched between 2028-2030. Important points: …

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LUKHA RIVER

Recently, the Meghalaya Government has claimed that a detoxing pilot project has brought the Lukha river back from the dead. Important points: The Lukha River was considered toxic beyond redemption a decade ago owing to contamination due to acid mine drainage and run-off from the coal mines Phytoremediation method was used to detoxify the river, where Algae was used …

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JAINAGAR-BIJALPURA-BARDIBAS RAILWAY PROJECT

The first stretch of rail link between Nepal and India is ready to resume on the neighbouring country’s first-ever broad gauge passenger service (Jainagar-Bijalpura-Bardibas railway project). Important points: The rail link between Nepal and India has been popular since the early 20th century. In 1937, the British had built a narrow gauge line to ferry cargo, mainly …

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RIGHT TO CLEAN ENVIRONMENT

Recently, the United Nations Human Rights Council (UNHRC) unanimously voted for recognising a clean, healthy and sustainable environment as a Universal Human Right. If recognised by all, the right will be the first of its kind in more than 70 years since the Universal Declaration of Human Rights (UDHR) was adopted by the UN General Assembly …

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GLOBAL MULTIDIMENSIONAL POVERTY INDEX 2021

Recently, Global Multidimensional Poverty Index 2021 was released by the United Nations Development Programme (UNDP) and the Oxford Poverty & Human Development Initiative (OPHI). The Index considers data from 109 countries and 5.9 billion people. Highlights of the report: 3 billion people are multidimensionally poor. About half (644 million) are children under age 18. Nearly 85% live in Sub-Saharan …

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MISSION LUCY- EXPLORING THE JUPITER TROJAN ASTEROIDS.

National Aeronautics and Space Administration (NASA) is set to launch ‘Lucy’, its first mission to explore the Jupiter Trojan Asteroids. Important points: The solar-powered mission is estimated to be over 12 years long, during which the spacecraft will visit eight asteroids covering a distance of about 6.3 billion km to deepen the understanding of the “young solar system”. The …

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